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How Much Upside Is Left in Chipotle’s Stock Price?

In the first quarter, Chipotle Mexican Grill (CMG) posted adjusted EPS (earnings per share) of $2.13 on revenue of $1.2 billion. Analysts were expecting the company to post EPS of $1.57 on revenue of $1.2 billion. The company also outperformed analysts’ SSSG (same-store sales growth) estimate of 1.3%, posting SSSG of 2.2%.